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BYDDY

TSLA

BYD Co., Ltd. (OTC:BYDDY) maintained its dominance in China's new energy vehicle (NEV) market in May with a 33.4% market share, while Tesla, Inc. (NASDAQ:TSLA) made significant gains, securing third place with a 6.9% market share. Tesla's retail sales in China increased by 29.9% year-on-year.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 12:47 pm

BLIN

Bridgeline Digital, Inc. (NASDAQ:BLIN) has launched the HawkSearch 'Athena' update, featuring GenAI-powered 'Smart Responses' to enhance engagement and revenue growth for businesses.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:45 pm

AAPL

AGQI

AMD

CARZ

NVDA

QCOM

TSM

Apple, Nvidia, Qualcomm, and AMD have nearly fully booked TSMC's 3nm chip production until 2026 due to soaring AI demand. TSMC plans to increase 3nm wafer production and expand its geographical presence. TSMC stock is trading higher, and investors can gain exposure via ETFs AGQI and CARZ.

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 12:44 pm

BURU

NUBURU, Inc. (NYSE: BURU) CEO Brian Knaley announced strategic realignments and growth milestones, including a 25% reduction in outstanding debt, increased orders, workforce realignment, and new funding relationships.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:44 pm

VTSI

VirTra Simulators has reported the approval of Department of Defense (DoD) funded research projects. This development is expected to enhance the company's growth prospects and strengthen its position in the defense sector.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:43 pm

QQQ

SPY

UUP

Producer inflation in the U.S. rose less than expected in May, while jobless claims soared to their highest level since August 2023. The Producer Price Index (PPI) for final demand increased by 2.2% year-over-year, below the anticipated 2.5%. The core PPI saw a 2.3% year-over-year increase. Jobless claims rose by 13,000 to 242,000, exceeding expectations. Market reactions included a fall in the U.S. dollar and Treasury yields, with futures on major U.S. indices higher in premarket trading.

Portfolio Pulse from Piero Cingari

June 13, 2024 | 12:43 pm

BP

RSG

Archaea Energy and Republic Services have launched a renewable natural gas plant in their Lightning Renewables joint venture. The Fort Wayne plant, the largest Archaea Modular Design in Indiana, processes up to 6,400 scfm of landfill gas, enough to heat over 25,000 homes.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:36 pm

IINN

Inspira Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) has received its first purchase order for INSPIRA ART100 systems from Glo-Med Networks, Inc. The first units are expected to be shipped in Q4 2024, following recent FDA clearance.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:35 pm

CLPS

CLPS Incorporation (NASDAQ:CLPS) has acquired Shell Infotech, expanding its client base and market share in Southeast Asia, and strengthening its IT competencies and service offerings. This move solidifies CLPS's commitment to global expansion.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:34 pm

OSIS

OSI Systems has received an $11 million order for its radiation monitoring solutions, indicating strong demand for its products in this sector.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:32 pm